The top 5 water ETFs based on performance over the past year are1:
- First Trust Water ETF (FIW): This ETF has a one-year trailing total return of -14.7%. It invests in companies that derive a substantial portion of their revenues from the potable and wastewater industry.
- Invesco Water Resources ETF (PHO): With a one-year trailing total return of -16.6%, PHO invests in companies involved in water purification and conservation products.
- Invesco S&P Global Water Index ETF (CGW): This ETF has a one-year trailing total return of -23.7%. It tracks the S&P Global Water Index, which includes water utility, infrastructure, equipment, and material companies.
- Global X Clean Water UCITS ETF (GWRS): This ETF has a one-year return of -0.5%. It owns and operates 29 systems providing water, wastewater, and recycled water services to utilities.
- Ecofin Global Water ESG Fund (EBLU): With a one-year return of 5.04%, this ETF focuses on sustainability and ESG criteria and has a low expense ratio.
These ETFs have shown varying degrees of performance over the past year, reflecting the broader market conditions and the specific investment strategies of each fund. Investors should consider their investment goals and risk tolerance when choosing a water ETF.
8/4/2024 02:57am
